New Expansion More than Triples Existing Footprint and Expands Hosted Services and Storage Capabilities
Garden City, N.Y. and Waltham, MA – May 14, 2012 – Data Storage Corporation (DTST:OB), a long-standing leader in cloud storage and cloud computing for over 10 years focusing on data protection and business continuity solutions, today announced the completion of phase 1 and 2 of its three-phased expansion plan for its Waltham data center facility.
Phase 1 and 2 completion has significantly increased its footprint in the state-of-the-art, SAS70 type II/SSAE16 SOC1 facility with the additional installation of IBM’s iSeries High Availability and Disaster Recovery server hardware, as well as the new IBM iSeries Hosted Cloud solution. The new systems will enable the company to more quickly respond to increased customer demand for its cloud hosted solutions including High Availability, data storage and Disaster Recovery services.
“Demand for our hosted solution offerings, especially in HA and DR services geared towards SMB customers, has grown significantly over the past year,” said Matthew Grosso, executive vice president and CTO at DSC. “The completion of our phase 1 & 2 expansion in Waltham is just another step in our multi-year roadmap as we plan to meet greater demands for our High Availability and Disaster Recovery services. These expansions will enable us to roll out additional cloud services over the coming months.”
In addition to the added High Availability and Disaster Recovery capacity upgrades, the expansion also significantly expands the company’s cloud-based offsite storage and data vaulting capabilities, a market expected to surpass $7.2 billion in spending by 2014 (International Data Corp). These data services are increasingly in demand by companies in highly regulated industries such as finance and healthcare where the need for storage on physical media like tape back-up is often too slow and inadequate for their business needs and is exposed to risks such a loss, theft and degradation of media.
For more information on Data Storage Corporation and its data storage and protection services, please visit www.datastoragecorp.com.
About Data Storage Corporation
Data Storage Corporation provides cloud storage and cloud computing focused on data protection, disaster recovery and business continuity solutions that assist organizations in protecting their data, minimize downtime, ensure regulatory compliance, and recover and restore data quickly. Data Storage Corporation’s clients save time and money, gain more control and better access to data and enable the highest level of security for that data. The company’s solutions include: data backup and storage, replication; high availability data replication services; email archive and compliance solutions for e-discovery; continuous data protection; data de-duplication; virtualized system recovery; and telecom recovery services. Headquartered in Garden City, N.Y., Data Storage Corporation offers its solutions and services to healthcare, banking and finance, distribution services, manufacturing, construction, education, and government industries. For more information, visit www.datastoragecorp.com.
< style=”font-size:10px;”>Cautionary Statement on Risks Associated with Data Storage Corporation – Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 by Data Storage Corporation that are subject to risks and uncertainties. The words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “may,” “should,” “could,” and similar expressions are intended to identify such statements. Forward-looking statements are not guarantees of future performance and are to be interpreted only as of the date on which they are made. Data Storage Corporation undertakes no obligation to update or revise any forward-looking statement except as required by law. Data Storage Corporation advises investors that it discusses risk factors and uncertainties that could cause Data Storage Corporation’s actual results to differ from forward-looking statements in its periodic reports filed with the Securities and Exchange Commission (“SEC”). Data Storage Corporation’s SEC filings can be accessed through the SEC’s EDGAR Database at www.sec.gov (Data Storage Corporation has EDGAR CIK No. 0001419951).
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